The US FED is financing the expansion of Chinese manufacturing with their easy money policy... The US dollar is borrowed and spent globally...not just in the US...
THE FED HAS FINANCED THE OFF SHORING OF US FACTORIES INTO CHINA FOR DECADES...
We called it the Stock Bubble...because in the US it was all about pushing paper...but in China it was about building factories...
None of this is debateable...its just the facts...and something you can see out on the street everyday...
The strange part is neither Democrats or Republicans are willing to jump off the free trade band wagon and admit that it just isn't working ....
Several years ago I found an old high school year book from 1901...it had a valedictory address printed in it.... The 1901 valedictorian said he wanted to Thank President McKinley for his "McKinley Tariff" that "protected us from the pauper labor of Europe..."
What does that mean...? Who is protecting us from the pauper labor of China...and if we needed the protection in 1901...why not today...?
